BossLady

06/23 12:34

JustLend DAO adds U stablecoin lending market on T

#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #BTC Prophet: 20-Day 380 Million HTX Challenge JustLend DAO adds U stablecoin lending market on TRONJustLend DAO has expanded its lending platform by launching support for supply and borrowing of U, a TRC-20 stablecoin pegged to the U.S. dollar. According to a June 21 announcement, users can now deposit and borrow U directly on the protocol after the asset was added as a collateralizable market on June 20, 2026, Singapore time. The launch follows a governance proposal that outlined the market’s lending parameters and interest rate structure. The protocol said U is issued by United Stables and maintains its peg through reserves backed on a 1:1 basis. JustLend DAO described the asset as a stablecoin designed for digital commerce, machine-to-machine payments, and AI-focused financial applications on the TRON network. U market launches with separate lending parameters JustLend DAO said the U market opened with a collateral factor of 0% and a reserve factor of 10%. The collateral factor means users can borrow U on the platform, but cannot use U itself as collateral to obtain other loans at launch. The protocol also introduced a jumping interest rate model for the market. Under the structure, borrowing costs rise sharply once utilization exceeds 80%. JustLend DAO’s published parameters show borrow APY reaches 5% at 80% utilization before climbing to 42.5% at 90% utilization and 80% at full utilization. Supply APY follows a similar trajectory, rising from 3.6% at 80% utilization to 34.43% at 90% utilization and 72% when utilization reaches 100%. In a statement on X, JustLend DAO said the addition of U expands the range of stablecoin assets available on the platform and provides users with another source of on-chain liquidity. 📢Announcement on Enabling Supply and Borrowing of U Market JustLend DAO has added $U as a collateralizable asset on June 20, 2026 (SGT). Users can

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